Bonds ends mixed, call rates rule stable

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling, while, the overnight call money rate ruled stable at the money market due to lack of worthwhile buying.
The 8.40 per cent government security maturing in 2024 climbed to Rs 103.5450 from Rs 103.48 previously, while its yield edged-down to 7.85 per cent from 7.86 per cent.
The 8.27 per cent government security maturing in 2020 rose to Rs 101.6650 from Rs 101.62, while its yield inched down to 7.86 per cent from 7.87 per cent.
The 8.15 per cent government security maturing in 2026 gained to Rs 102.15 from Rs 102.06, while its yield moved-down to 7.86 per cent from 7.87 per cent.

However, the 8.60 per cent government security maturing in 2028 eased to Rs 105.86 from Rs 105.90, while its yield held stable at 7.87 per cent.
The 8.28 per cent government security maturing in 2027 fell to Rs 102.90 from Rs 102.95, while its yield edged-up to 7.91 per cent from 7.90 per cent.

The 8.12 per cent government security maturing in 2020 also moved down to Rs 101.07 from Rs 101.0750, while its yield rule stable at 7.88 per cent.
The overnight call money rates ended stable at 6.50 per cent. It resumed higher at 7.80 per cent and moved in a wide range of 7.80 per cent and 5.75 per cent.

Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 154.34 billion in 39-bids at the 1-day repo auction at a fixed rate of 7.50 per cent as on today morning, while it sold securities worth Rs 185.49 billion from 30-bids at the Overnight reverse repo auction at a fixed rate of 6.50 per cent as on evening of May 02.